PackageTrendsPeer
Letter portraitLegal landscape

Cornerstone Baptist Church

Brooklyn, NY · Charter 12085

NCUA · 1 branch

Q2 2016

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2016, the quarter ended June 30, 2016, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Cornerstone Baptist Church

Brooklyn, NY · Charter 12085

NCUA · 1 branch

Q2 2016

$48KAssets
$1KLoans
$23KShares
$25KNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of -6.42%, down 652 bps year over year; NIM at 0.79%.
  • Asset quality: problem loans at 100.00% of loans (+16 bps YoY).
  • Capital: net worth / assets of 52.81%, up 3,102 bps from a year ago.
  • Funding: loans stand at 4.83% of shares as of Q2 2016.

Financial Results

Return on Assets (YTD, annualized)

-6.42%-652 bps YoY

Net Interest Margin (YTD, annualized)

0.79%+69 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

52.81%+3,102 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2015Q3 2015Q4 2015Q1 2016Q2 2016YoY ΔTrend
Earnings
Return on Assets0.11%0.05%0.05%-9.69%-6.42%-652 bps
Return on Equity0.49%0.22%0.12%-20.06%-12.15%-1,264 bps
Net Interest Margin0.11%0.14%0.05%0.34%0.79%+69 bps
Efficiency Ratio0.00%65.15%0.00%2979%n/an/a
Growth
Asset Growth (YoY)3.02%3.15%-43.80%-54.84%-61.10%-6,411 bps
Loan Growth (YoY)-62.74%-56.36%-100.00%-100.00%-14.03%+4,872 bps
Share Growth (YoY)4.39%3.77%-57.67%-70.74%-76.36%-8,075 bps
Asset Quality
Delinquent Loans / Loans99.84%99.92%n/an/a100.00%+16 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans148.90%215%n/an/a233%+8,401 bps
Capital
Risk-Based Capital21.79%21.94%40.61%48.28%52.81%+3,102 bps
Net Worth / Assets21.79%21.94%40.61%48.28%52.81%+3,102 bps
Liquidity & Funding
Loans / Shares1.33%1.22%0.00%0.00%4.83%+350 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps